# Miba acquires John Crane industrial bearing segment, entering bearings business

Miba acquired the industrial bearing segment of John Crane Group, which has three plants in the US and one in Germany. The deal gives Miba entry into development and production of industrial bearings.

- Type: Acquisition
- Announced: 2018-04-24
- Where: United States
- Status: completed
- Capacity: three plants in the US and one in Germany
- Products: industrial bearings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Miba AG](https://endata.com/companies/1421.md) (acquirer)
- [John Crane](https://endata.com/companies/3206.md) (partner)

## Sources

- [miba.com](https://www.miba.com/en/news/article/miba-plans-continued-growth-and-creation-of-more-than-2000-additional-jobs-worldwide), 2018-04-24: "With the acquisition of the industrial bearing segment of the John Crane Group with three plants in the US and one in Germany, Miba is entering a new business line"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.